landowner

Devon announces 30.7 mmfcd well in San Augustine, TX - Kardell Gas Unit 1H

Huge news from Devon this morning as they have released the IP results of their Kardell Gas Unit 1H well in San Augustine, TX and it came in at a whopping 30.7mmfcd:

Nov. 2 /PRNewswire-FirstCall/ -- Devon Energy Corporation (NYSE: DVN) today announced the results of a successful Haynesville Shale well in San Augustine County, Texas. The Kardell Gas Unit 1H achieved an average continuous 24-hour flow rate of approximately 30.7 million cubic feet of natural gas equivalent per day through a 37/64-inch choke. Flowing pressure was 6,824 pounds per square inch.

Here's a link to the full press report:

http://phx.corporate-ir.net/phoenix.zhtml?c=67097&p=irol-newsAr...


Here's a link to the W-1 permit for the well:
http://webapps.rrc.state.tx.us/DP/drillDownQueryAction.do?fromPubli...


1 mile East of San Augustine in the T. Quirk Survey.

Things are getting all the more intersesting in E.Texas with each passing day.....

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landownerPermalink Reply by Keith Mauck (Site Publisher) on November 2, 2009 at 4:36
Wonder what this was doing after a week of being on production? Maybe Devon will update us.
Permalink Reply by jffree1 on November 2, 2009 at 4:44
They have a conference call scheduled for Wednesday. Maybe they will update it then.

Great news!

landownerPermalink Reply by ALongview on November 2, 2009 at 4:51
WOOHOO!!!!!!!

landownerPermalink Reply by DJG on November 2, 2009 at 4:55
Here's a link to the scheduled conference call on Wednesday. 11 EST / so 10am CST....

http://phx.corporate-ir.net/phoenix.zhtml?p=irol-eventDetails&c...

I imagine they'll have more to say about this well and their plans for San Augustine, Shelby and E. Texas in general at that time....

landownerPermalink Reply by JWC on November 2, 2009 at 5:16
SUPER!!

landownerPermalink Reply by ken hatcher on November 2, 2009 at 5:18
Monster well!!

landownerPermalink Reply by 5thGenTexan on November 2, 2009 at 6:05
One mile north of my parents.....
Permalink Reply by Cheerleader on November 2, 2009 at 5:51
WE ARE THE MOTHERLOAD!!!!!!!!!!!!!!
Permalink Reply by Lessor on November 2, 2009 at 6:00
I TOLD YOU SO...
Permalink Reply by Cheerleader on November 2, 2009 at 11:50
Lessor,
Where have you been???
What is the real scoop on the KVG #3 ????
Permalink Reply by Lessor on November 3, 2009 at 10:08
Hey there,
Mr. Low Profile here. I am trying not to get excited, but I see natural gas bubbling up through the creeks and smell oil leaking out of the ground in old San Aug. We are REALLY on the map now. The KVG 3# is idling with plans for more future development. Stay tuned.
Permalink Reply by Cheerleader on November 2, 2009 at 6:01
Where does this rank in all wells drilled in the Haynesville??? I think Devon had a Lime well this big in Shelby County? What about Louisiana??

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